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“I also think the tech sector in general (especially any company that is driven by ads) is due for a major correction soon, if not a full burst.” Why do you sa
by htormey 9y ago
“I also think the tech sector in general (especially any company that is driven by ads) is due for a major correction soon, if not a full burst.”
Why do you say that? Haven’t all the tech companies been performing well across a variety of metrics these last few years?
- sokoloff 9y agoAd money ultimately flows from consumer (mostly) discretionary demand. If we were to see a significant pullback in consumer discretionary spending, you’d see a lagging pullback in ad spending.